About this home

Rare opportunity in the charming community of Castell, just steps from the Castle General Store and within walking distance of the beautiful Llano River! This unique property offers endless possibilities, whether you're looking for a full-time residence, rental investment, B&B, music venue, or something more. The 2-bedroom, 1-bath home, built in 1925, currently generates $1,000 per month in rental income. A strong water well and recently installed septic system provide a great foundation for future growth. The property also features a metal pavilion with a stage already in place, separate lodging rooms, and even a treehouse for additional income potential. With the possibility of transitioning to commercial use, the opportunities are exciting (buyer to verify all restrictions and county regulations). A live bait well is already set up, making this an ideal spot to explore additional income opportunities such as live bait sales or kayak rentals. Don't miss your chance to own a versatile, income-producing property in one of the Hill Country's most unique river communities! Sold "as is" home needs repairs.

Facts and features

Schools

• Llano High School

  high · 9-12 · 16.6 mi

  6

• Llano Junior High School

  middle · 6-8 · 17.1 mi

  6

• Llano Elementary School

  elementary · K-5 · 17.1 mi

  8

• Packsaddle Elementary School

  elementary · K-5 · 30.8 mi

  4

Price history

• Nov 6, 2026 · Listed$700,000

Where it is